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Search Results 0 to 19 of about 20 (some duplicates have been removed)
. meanwhile, the effects of the monster storm are paralyzing much of new jersey and new york city here's an update: four and a half million people are still without power, and it could take another ten days before power is restored. limited flights have resumed at all of the airports in the new york area. public schools are still closed in the city, as well as many schools in new jersey. and filling up on gas is the toughest problem of all. gas stations are running dry, and others do not have electricity to pump gas. motorists lined by the hundreds in new jersey, waiting and hoping for fuel. still ahead, we have more on sandy: flood insurance, the cost of getting power turned back on, and the challenge of getting around america's busiest city. >> tom: october marked a pick-up in private hiring. that's the word from payroll processing firm adp. it says u.s. private payrolls grew by 158,000 positions in october. that higher than expected number comes as adp overhauls how it calculates the number by including more companies in its survey. darren gersh reports. >> reporter: the economic si
-and-mortar renovation of it's flagship store in new york city. it's also investing in technology to beef up it's online presence. "n.b.r.'s" ruben ramirez caught up with macy's c.e.o. terry lundgren in new york this morning and began by asking him how sales are going. both in store and on-line. >> they're both growing and that's the good news for us and while the online business has been spectacular for macy's for several years, we really look at the consumer as an omnichannel consumer. so she comes in, she does her research on her phone. she decides what store she wants to shop. what items she wants to shop for. maybe going back to her desk and pulling the trigger there. so i think that's what happening today. so the line between online and physical stores is blurred. >> reporter: the past several years consumers have opened their wallets around the holidays but come january it seemed that that optimism faded. what are you expecting come january 2013? >> we've had 11 consecutive quarters of consistent growth of sales and earnings at macy's inc. we've found the formula. a lot of retailers depend on jan
's side, it will just be so much easier. so we're looking at like payment. >> reporter: in new york city, sabrina norrie and kelli space have an idea of their own, called zero bound. if students are struggling to pay debt in dollars, why not pay it through community service? they're still raising money, but once it's up and running, the company will help borrowers get donations in exchange for volunteer work. >> i thought, there's got to be a way we can get creative about this. and being involved in volunteer work, i thought, lets see if we can invest that education of students and alumni back into the community through volunteering. >> reporter: innovations like these have the support of the federal government, in a report last month, the consumer financial protection bureau said if they work, private businesses could play an important role in helping student borrowers pay down their debts. sylvia hall, "n.b.r.," washington. >> susie: for many people the holidays are typically a time to make charitable contributions. americans gave $200 billion to non-profits last year, and half of that
to fill 'er up. >> reporter: here in new york city, the long lines and gas rationing are finally gone, but there's more good news. like the rest of the nation, gas is actually cheaper now than before superstorm sandy. a month ago, superstorm sandy shut down refineries in the northeast, delayed oil shipments and left many gasoline stations without power. in some hard hit areas, prices spiked more than ten cents a gallon. but now, the situation has drastically improved here and around the country. regular unleaded costs an average of $3.42 nationwide. that's 12 cents below where it was a month ago. but drivers are still paying about 12 cents more for gas today than a year ago. a big reason is escalating middle east tensions. >> anytime you have that kind of conflict in the middle east, whether it's the israelis or the egyptians, the syrians, it really the disruption of flow, you know. any time you get a problem in the gulf, it's really going to hinder oil prices. >> reporter: if the recent cease-fire between hamas and israel in the gaza strip holds, many thi prices at the pump will drif
Search Results 0 to 19 of about 20 (some duplicates have been removed)